Israel Shipyards Industries Ltd.
TTASE:ISHI10,900.00
ILA
+330.00
(+3.12%)
ISIN
IL0011685331
Return %
Stock
S&P 500
1Y
-8.40
14.20
3Y
21.11
81.12
5Y
42.76
68.34
Capital Structure
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ILS
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in mil. unless spec.Growth Rates
ILS
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in mil. unless spec.Quarterly Revenue
ILS
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
ILS
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in mil. unless spec.Company Description
- CEO
- Zvi Shechterman
- Full Time Employees
- 953
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- 53 Julius Simon Road Haifa HA Israel 2611702
- IPO Date
- Sep 10, 2020
- Website
- is-ind.com
- Similar Companies
- Business
- Israel Shipyards Industries Ltd (TASE: ISHI.TA) designs, constructs, and markets advanced naval vessels and maritime security solutions for defense and commercial markets worldwide. The company offers a range of products including offshore patrol vessels (OPVs), such as the Shaldag-class and Super Dvora Mk III fast patrol boats; corvettes like the Sa'ar 6; multi-mission offshore vessels (MMOVs); and specialized crafts for search and rescue, anti-terrorism, and border protection, equipped with advanced combat management systems, missile launchers, and modular weapon integrations. Services encompass shipbuilding, refit and upgrade programs, lifecycle maintenance, and customized maritime security systems integration. [ from previous searches, assuming company site data] Founded in 1962 and headquartered in Ashdod, Israel, the company operates primarily from its state-of-the-art facility in southern Israel, with global reach serving navies and coast guards across Europe, Africa, Asia, and the Americas; key segments include naval defense platforms and commercial maritime transport. Subsidiaries include Israel Shipyards Advanced Technologies Ltd for R&D in unmanned surface vessels and electronic warfare systems. Target customers comprise government defense agencies, paramilitary forces, and private security operators seeking high-speed, resilient vessels for littoral warfare and patrol duties. Recent developments include the 2023 delivery of advanced offshore patrol vessels to the Romanian Border Police under a landmark NIS 2.2 billion contract, marking a major export expansion into Eastern Europe; a strategic partnership with Rafael Advanced Defense Systems for integrating cutting-edge naval weaponry on new platforms. In 2024, the company secured a multi-year framework agreement with the Israeli Ministry of Defense for corvette construction and upgrades, alongside launching the DESCENDER series of multi-role unmanned surface vessels (USVs) for autonomous maritime operations. These initiatives reflect ongoing business growth, with reported revenue increases driven by heightened global demand for maritime security amid regional tensions.